Plan Snapshot
- Plan Sponsor: Ed Shults Chevrolet, INC.
- Sponsor EIN: 161169076
- Sponsor Address: 300 FLUVANNA AVENUE, JAMESTOWN, NY, 14701
- Plan Type: 401(k)
- Total Participants: 163
- Total Assets: $6.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 163 | $6.4M | $79,161 | $497,042 |
| 2023 | 169 | $5.3M | $84,159 | $484,407 |
| 2022 | 181 | $4.3M | $89,851 | $474,009 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| LINCOLN INVESTMENT PLANNING | BROKER | — | $41,763 | $41,763 |
| NATIONWIDE | CONTRACT ADMINISTRATOR | $22,028 | — | $22,028 |
| THE PENSION SERVICE, INC. | RECORDKEEPER | $5,145 | $11,497 | $16,642 |
| BUFFAMANTE WHIPPLE BUTTAFARO P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — CONTRACT ADMINISTRATOR
- BUFFAMANTE WHIPPLE BUTTAFARO P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,433
- Estimated Expense Ratio: 1.266% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $4,747 | — | — | — | — |
| 2023 | $4,804 | $69 | — | — | — |
| 2022 | $2,387 | $62 | — | — | — |